Solana's price has surged by 18% this week, approaching a pivotal closing level above the 50-week exponential moving average (EMA), which historically signals strong bullish momentum. Previously, a similar upward trend in 2024 saw SOL rally by 515%. A report indicates that $120 million in liquidity has been bridged to Solana, indicating growing confidence in the network. After a dip below the EMA and a brief drop under $100, SOL has recovered and reclaimed key EMA levels, with current projections suggesting potential price targets between $250 and $350 by September 2025 if the EMA support holds. Furthermore, over $165 million in liquidity has recently been transferred to Solana from other blockchains, underlining its robustness in the decentralized finance (DeFi) space, where it currently holds 28.99% market share, exemplifying its user adoption and scalability.

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